Deutsche Bank AG reissued their hold rating on shares of J Sainsbury plc (LON:SBRY) in a research report sent to investors on Wednesday morning, MarketBeat reports. The firm currently has a GBX 300 ($4.04) target price on the grocer’s stock.

SBRY has been the topic of a number of other reports. Credit Suisse Group reaffirmed an outperform rating and issued a GBX 320 ($4.31) price target on shares of J Sainsbury plc in a research note on Tuesday, August 29th. HSBC Holdings plc lowered their price target on J Sainsbury plc from GBX 205 ($2.76) to GBX 200 ($2.70) and set a reduce rating on the stock in a research note on Tuesday, June 20th. Shore Capital reaffirmed a buy rating on shares of J Sainsbury plc in a research note on Tuesday, August 22nd. Barclays PLC lowered their price target on J Sainsbury plc from GBX 260 ($3.51) to GBX 240 ($3.24) and set an equal weight rating on the stock in a research note on Friday, September 1st. Finally, BNP Paribas reaffirmed a neutral rating and issued a GBX 250 ($3.37) price target on shares of J Sainsbury plc in a research note on Wednesday, September 13th. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of Hold and a consensus price target of GBX 266.36 ($3.59).

J Sainsbury plc (LON SBRY) opened at 233.30 on Wednesday. The company’s market capitalization is GBX 5.09 billion. The stock’s 50 day moving average price is GBX 240.22 and its 200-day moving average price is GBX 256.78. J Sainsbury plc has a 52-week low of GBX 224.10 and a 52-week high of GBX 283.60.

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About J Sainsbury plc

J Sainsbury plc is engaged in grocery-related retailing and retail banking. The Company’s segments include Retailing; Financial services, and Property investments. The Retailing segment is engaged in the operation of supermarkets and convenience. The Financial services segment includes the operations of Sainsbury’s Bank plc (Sainsbury’s Bank).

Analyst Recommendations for J Sainsbury plc (LON:SBRY)

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